STATE OF VERMONT Proposed use of Incremental Property Tax Revenue for Tax Increment Financing District, Town of Killington PUBLIC COMMENT INVITED On January 27, 2022, the Vermont Economic Progress Council (VEPC) will meet virtually to begin consideration of an application […]
Tag: tax increment financing district
Local News, TIF
Killington town to spur development, village
$66.5 million investment could net $300 million of growth over the next 10 years By Polly Mikula The town of Killington has drafted a plan to create a tax increment financing (TIF) district to provide transportation and municipal water infrastructure […]
Featured, Local News, TIF
What are tax increment financing (TIF) districts?
State answers frequently asked questions about program designed to spur development through investment in public infrastructure What is a tax increment financing district? Geographically, it is a district, created by a municipality, where public infrastructure is required to encourage private […]